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South Korean stocks got off to a strong start on Wednesday, buoyed by gains in key exporters, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 13.48 points, or 0.68 percent, to 1,995.3 in the first 15 minutes of trading.
Blue chips shored up the KOSPI, with market bellwether Samsung Electronics adding 0.75 percent and the country‘s top automaker Hyundai Motor rising 0.9 percent.
The local currency was trading at 1,073.55 won to the U.S. dollar as of 9:15 a.m., up 0.65 won from Monday’s close. The local financial market was closed Tuesday for Christmas Day. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 13.48 points, or 0.68 percent, to 1,995.3 in the first 15 minutes of trading.
Blue chips shored up the KOSPI, with market bellwether Samsung Electronics adding 0.75 percent and the country‘s top automaker Hyundai Motor rising 0.9 percent.
The local currency was trading at 1,073.55 won to the U.S. dollar as of 9:15 a.m., up 0.65 won from Monday’s close. The local financial market was closed Tuesday for Christmas Day. (Yonhap News)
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Articles by Korea Herald
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